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Gaw Capital Partners said to be buying Robinson 77 for about S$710m

Price works out to about S$2,300 psf on NLA of 307,585 sq ft. Seller is CLSA Real Estate-managed fund

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Kalpana Rashiwala

Kalpana Rashiwala

Published Wed, Dec 26, 2018 · 09:50 PM

    Singapore

    AN ENTITY controlled by Hong Kong private equity property group Gaw Capital Partners is understood to be buying Robinson 77 for about S$710 million from a fund managed by CLSA Real Estate.

    The price works out to about S$2,300 per square foot on net lettable area (NLA) of 307,585 sq ft. The NLA comprises 301,567 sq ft of offices and 6,018 sq ft of retail space.

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